Bybit Launches Inscriptions Marketplace Supporting BTC, Ethereum, Avalanche, Others
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Bybit Launches Inscriptions Marketplace Supporting BTC, Ethereum, Avalanche, Others

Crypto exchange Bybit has announced the launch of its integrated inscriptions marketplace supporting both Bitcoin and Ethereum ecosystems. 

The new marketplace will allow users to seamlessly mint and trade BRC-20 tokens and EVM inscription tokens across multiple blockchains.

Bybit has also entered a key partnership with UniSat, a BRC-20 marketplace, to further enhance its NFT offerings. 

Through this collaboration, Bybit aims to fully integrate UniSat’s technologies into its platforms soon, connecting over 1 million Web3 wallet users to Bybit’s existing user base of 20 million.

See Also: Bybit Seeks Virtual Asset Service Provider (VASP) License In Hong Kong

“We hope to provide users with a one-stop gateway through the Bybit Inscription Marketplace, facilitating the exploration and experimentation with inscription tokens and enjoying their dividends to support industry development,” said Ben Zhou, Co-Founder and CEO of Bybit. 

On February 1st, the exchange began supporting BRC-20 and EVM inscriptions minting and trading for networks like Avalanche, Ethereum, Polygon, Fantom, and Mantle.

In the next phase of development, Bybit’s Inscription Marketplace will expand support to include Bitcoin NFT standards like ARC-20 and BRC-420 Ordinals. 

The launch comes on the heels of competing exchanges like Binance and OKX introducing similar inscriptions marketplace offerings and features over the past week.

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